Hotel Property Investments Ltd. (AU:HPI) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hotel Property Investments Ltd. (ASX: HPI) urges its shareholders to reject the unsolicited takeover bid by Charter Hall Retail REIT and Hostplus, deeming the offer opportunistic and conditional. The board unanimously recommends taking no action against the proposed acquisition, reinforcing their stand against the offer.
For further insights into AU:HPI stock, check out TipRanks’ Stock Analysis page.